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As of 2014, CRSB was the largest brewing company in China with over 90 breweries across the country, brewing more than 10 gigalitres of Snow every year. [1] By 2016, SABMiller owned 49 percent of Snow Beer. Before acquiring SABMiller, Anheuser-Busch InBev had agreed to sell its interests in Snow to China Resources Enterprise (for $1.6 billion ...
CR Snow (officially China Resources Snow Breweries Ltd.) is a brewing company with its headquarters in Beijing, China.Originally known as Shenyang Snow Beer Company before acquired by China Resources Enterprise, it was a joint venture between China Resources Enterprise and the UK based multinational SABMiller, but is now fully owned by the former. [3]
Beer in China was the dominant alcoholic beverage through the Han dynasty, after which it was eclipsed by rice wine. Modern brewing appeared in the late 1800s, brought to China by Europeans who brewed pale lagers, such as Tsingtao. Both beer production and consumption of local and imported brands grew increasingly popular in the 20th century.
China Resources Beer is a subsidiary of China Resources Holdings. Its assets include a 51% share in CR Snow , the largest brewing company in China and a joint venture with SAB Miller . [ 1 ]
In China, the group's national brand, Snow beer, was produced in partnership with China Resources Enterprise Limited, with SABMiller owning 49 per cent; this is the leading brand by volume in China. Before acquiring SAB Miller, AB InBev had agreed to sell its interests in Snow to China Resources Beer (Holdings) Co for $1.6 billion to satisfy ...
The Tsingtao brand is sold in 62 countries and regions around the world, [13] and accounts for more than 50% of China's beer exports. According to the company's financial figures from 2010, Tsingtao saw a 6.6% year-on-year revenue increase from sales to Hong Kong and other overseas markets. [14]
Pages in category "Chinese beer brands" ... China Pabst Blue Ribbon; CR Snow; G. Great Leap Brewing; H. Harbin Brewery; K.
Beer in China (4 C, 12 P) Breweries in China (11 P) H. Hangzhou Wahaha Group (1 C, 3 P) ... Wahaha Joint Venture Company; Wuliangye; X. Xiangxue Pharmaceutical ...